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Ryanair and Nissan: half-year profit +37%, estimates raised

The profits of the Irish airline exceeded one billion euros, while those of the Japanese car giant reached 325,6 billion yen.

Ryanair and Nissan: half-year profit +37%, estimates raised

2015 is a golden year for Ryanair, which closed the accounts for the first half with a net profit up 37%, exceeding one billion euro (at 1,09 billion). Above all, the strength of the pound, low fuel costs and the weather in Northern Europe supported the Irish low-cost airline.

Revenues increased 14% to $4,04 billion. The occupancy rate of airplanes rose by 4% to 93%, while the average ticket price rose by 2%, to 56 euros. Ryanair, which at the beginning of September had raised its annual profit forecasts by 25%, is now projected towards the top of the range and has raised its annual traffic target to 105 million passengers transported, against the 104 million previously forecast . Growth in passenger numbers is expected to be 17% in the third quarter and 22% in the fourth.

In the first half of 2015 also Nissan it reported a 37% year-over-year earnings growth rate to 325,6 billion yen (from 237 billion) on "strong demand in North America and Western Europe." Revenue rose 30 percent to 15,3 billion yen between April 5,93 and September 50, and operating profit climbed 395 percent to XNUMX billion yen. 

The Japanese automaker also raised its targets for the year: It now expects annual net income of 535 billion yen, operating profit of 730 billion and worldwide auto sales of 5,5 million units, up 3,4. XNUMX percent.

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